Washington DC

Recession
RCShobby 24 Reviews 2548 reads
posted
1 / 18

Curious about people's thoughts on what will happen to the hobby if we go into a recession? Obviously, it will stay around but what effect will it have on rates? Availability? Types of providers? more kink? less kink? BDSM? FBSM? Will the average age of providers get younger? Older? Supply/demand? Will the traveling provider business increase/decrease? Will the market become flooded with women, (or men) looking for income? Will rip-offs abound? Will providers come out of retirement?...Or maybe things just stay about the same?

wrps07 176 reads
posted
2 / 18

All the people I personally know are younger than 40. One a 2 year cousin, the other a lady with 3 kids in her 30s. So far I don't know any hobbyists over 50 infected.  

Providers on my watchlist(s) are still posting.

36363jensen 4 Reviews 157 reads
posted
3 / 18

I don't see why any provider would come out of retirement unless cost of living really increased or service rates really increased. They all stopped (one hopes) because they could. For those that were "forced" out of the business (no interest by mongers), again I don't see what a recession might do to generate any demand for their services.

I'm not entirely sure how elastic supply is to price incentives as I think providing services here is still more likely dominated by personal views of morality and ethics and the choices to deal with a diminished or lost income include a lot more than hooking.

I didn't really see much of a change coming out of the "great recession" period and don't see  strong reasons why one might expect asymmetric outcomes (no decrease in S as economy improves but increase in S as the econ deteriorates).

Angel4Life 230 reads
posted
4 / 18

There are New Providers now,  there are a lot of young waitresses who have been laid off who need to make ends meet.  For the most part they are UTR. In the short term rates will diminish slightly; in the long run they will trend upward as the economy rebounds, but not like the increases when TER went dark.

  I think some of the S.W. who doubled and more than doubled their fees, have experienced their comeupperance and may adjust their rates accordingly.  It has been amusing reading some of their tweets, and the responses.  Some of the Most expensive Hookers have whined about their “Regulars” reaching out to them, checking in, but not offering to help them financially, or book a virtual session with them.  These hookers were gouging the industry, and couldn’t collect our cash fast enough, to post pictures of their new Vuxton Shoes, or Expensive Gucci Handbags.
Some of the responses have ranged from Lectures from Slobbyists telling them to depend on themselves and take care of themselves and never rely on the generosity of their Clients.  One Provider stated she would not see any Regular that would not help her in this time of need....if that is not cutting your nose to spite your face, I do not know what is!  They should have realized that this is a transactional service industry, pay for play with no strings attached.   I think that as the Economy was booming, they felt they could continue to raise their rates, and that the economy would not face a downturn.   As a result the success the flaunted gave them a sense of Entitlement!  Now that they have realized that the Party cannot go on forever, they are facing a deserved slap down.

All of the Fetishes, and Interests and Kinks will continue to go forward....they don’t call this the Worlds Oldest Profession for nothing!

MaxSky 273 Reviews 206 reads
posted
5 / 18

Dvorak's Law states that as the state of the economy gets worse, not only do the hookers get better looking, but they get cheaper..  
Look it up.

Drumguy25 23 Reviews 177 reads
posted
6 / 18

I've seen a large uptick in wannabe SB's, but I dont think these girls really get the jist of being an SB. They probably think they can do a little innocent arm candy, or send a few nudes and rake it in....
I would be leery of new providers trying to enter the P4P game out of financial desperation also....
It takes a special kind of lady to do this, and be convincing and successful.  
I think in large it would be more akin to the second coming of BP!  
Also, the rates that established providers have risen to, would probably give a newcomer a false sense of entitlement.  
Could you imagine dropping premium rates for a rookie BP experience?
I've also seen a lot of civie chicks starting up " Only Fans" accounts.
Best of luck to them all....
Definitely not my cup of tea.

TheVoiceOfReason 174 reads
posted
7 / 18
TheVoiceOfReason 237 reads
posted
8 / 18

The economy is not stable right now and won't be anytime within the next several months.  No V-shaped recovery.  Probably not a U-shaped one either.  It is going to take a while.  Over 6 Million people filed for unemployment benefits this past WEEK, which is more than double what happened last week, which was also the most EVER by far.  Everyone is getting squeezed.  We all have less discretionary income.  Even Execs are Management are getting asked to take 30-50 percent pay cuts for the good of the company.  Companies have too much debt.  Like I said before, the whole value chain is getting squeezed.  Rates will get squeezed, too.  Those ladies that don't reduce their rates will see requests for appointments plummet.  

awesomeabsat40 182 reads
posted
9 / 18

Needy ladies will fuck for their circumstance,  price determined by market.  

Life410 12 Reviews 184 reads
posted
10 / 18

Jamie Dimon warned about over leveraged companies for a couple years...said it would cause next recession if I remember correctly. Low interest rates and staying on zero for a long time caused the issue of companies borrowing too much.  

Noone saw a sudden work stoppage as opposed to interest rates creeping up over time and companies not delevering with rates rises. Companies definitely caught with pants down.
Posted By: TheVoiceOfReason
Re: Rates will go down significantly and supply will increase.
The economy is not stable right now and won't be anytime within the next several months.  No V-shaped recovery.  Probably not a U-shaped one either.  It is going to take a while.  Over 6 Million people filed for unemployment benefits this past WEEK, which is more than double what happened last week, which was also the most EVER by far.  Everyone is getting squeezed.  We all have less discretionary income.  Even Execs are Management are getting asked to take 30-50 percent pay cuts for the good of the company.  Companies have too much debt.  Like I said before, the whole value chain is getting squeezed.  Rates will get squeezed, too.  Those ladies that don't reduce their rates will see requests for appointments plummet.  

Black-Panther 178 reads
posted
11 / 18

Dvorak obviously didn't live in the DMV (Washington, DC area)!

Scaramouche 211 Reviews 193 reads
posted
12 / 18

Many of the providers are international. I think there will be a lot of girls from countries hit harder than the US who want to come and make a few greenbacks. The trouble will be visa restrictions are likely to be difficult for a while. Potentially some Latin Americans, maybe East Europeans if they can sneak in.

EasyCompany 162 reads
posted
13 / 18

that the grass will not be much greener in the US. Besides, they will never get in to our country.

MaxSky 273 Reviews 185 reads
posted
14 / 18

You have to give the market some time.

Posted By: Black-Panther
Re: Dvorak's Law
Dvorak obviously didn't live in the DMV (Washington, DC area)!
I didn't think I'd ever see sub-2$ gas again either, but I bought 1.39 gas in Oklahoma last week... so good things come (sometimes) to those who wait.  I think there's a good chance we will see significantly lower rates by fall, and maybe some new faces as well.

Black-Panther 173 reads
posted
15 / 18

I hope we get new faces and new rates, but the DMV is a different animal. We're still at plus 2.00 gas for 87 octane (some places $1.99 w/ discount), and 90 and 92 at $2.50 to $2.75.

Average price of independent providers at $400 to $500 and still plus $800.  

Washington, DC is crazy expensive.

36363jensen 4 Reviews 183 reads
posted
16 / 18

Indeed, DMV is a bit different that other places. With such a large government presence when times are good people are here throwing money at government for favors. When times are bad people are here throwing money at government.

DMV generally has a much better employment/unemployment picture than other places in the country.

Life410 12 Reviews 194 reads
posted
17 / 18

I figured good times were ahead for gas as fracking made us the number 1 producer of oil in the world. Saudi Aramaco had to speed up going public as we forced down global oil. USA is independent...we don't need the Saudis anymore and we getting better about gas efficiency and using electric cars powered by nuclear power plants.

Posted By: MaxSky
Re: Dvorak's Law
You have to give the market some time.
Posted By: Black-Panther
Re: Dvorak's Law  
 Dvorak obviously didn't live in the DMV (Washington, DC area)!
I didn't think I'd ever see sub-2$ gas again either, but I bought 1.39 gas in Oklahoma last week... so good things come (sometimes) to those who wait.  I think there's a good chance we will see significantly lower rates by fall, and maybe some new faces as well.

hunter467 52 Reviews 184 reads
posted
18 / 18

I am thankfully still working but overtime has been eliminated. That significantly reduces my discretionary income for the time being. I know other folks in the private sector who've been laid off or seen their pay slashed. On the other hand, I expect some providers are cutting back as well to avoid the risk of infection. So in the short term both supply and demand are taking a hit.

In the long run I expect prices will have to drop. Even if the federal government doesn't lay off any employees, I fully expect a pay freeze until tax revenue begins picking up. The private sector is being hit very hard and will take some time to recover. The bottom line is that mongers will have much less discretionary income for the foreseeable future. Just as mongers will have to adjust, so will providers if they want to stay in business.

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